Parties
Company
Grupo Minero Las Cenizas S.A.
Company
Sociedad Contractual Minera Franke
Company
KGHM Polska Miedz S.A.
Company
KGHM International Ltd.
On April 26, 2022, Grupo Minero Las Cenizas S.A. signed an agreement to acquire Sociedad Contractual Minera Franke from KGHM Polska Miedz S.A. (WSE:KGH) for $50 million. The acquisition was completed on the same day. Philippi, Prietocarrizosa & Uría served as the legal advisor to Grupo Minero Las Cenizas. Baker McKenzie, along with Gide Warsaw, advised Sociedad Contractual Minera Franke and KGHM Polska Miedz. Additionally, McCarthy Tétrault advised KGHM International Ltd., with a team led by Shawn Doyle, including Peter Quon (Business) and Raj Juneja (Tax).
Deal Type
Merger & AcquisitionIndustry
MiningTransaction
$ 64,000,000Deal Status
ClosedClosing Date
26 April 2022